Financial forecasting is predicting a company’s financial future by examining historical performance data, such as revenue, cash flow, expenses, or sales. This involves assumptions as many unforeseen factors can influence business performance.
Financial forecasting is important because it informs business decision-making regarding hiring, budgeting, predicting revenue, and strategic planning.
Financial forecasting is essential in attracting investors to contribute to the company; it also helps the company predict budgets and spending costs. There are two ways of producing a financial forecast: quantitative analysis relies on the company's historical data while qualitative analysis is based on intuition and experience.
There are three essential components of a financial forecast: income statement, cash flow statement, and balance sheet.
SeedBlink S.A. is geregistreerd in het register van de Roemeense financiële toezichthouder (ASF), onder nummer PJR28FSFPR/400001 per 03.11.2022 met een EU-paspoort volgens het register van aanbieders van crowdfunding diensten van de European Securities and Market Authority (ESMA).
© 2024 Alle rechten voorbehouden
NL